Tech-enabled environments to drive Dubai luxury real estate
Chinese investors are a new rising segment of luxury real estate buyers in Dubai...
Tag : UAE
UAE leads AI-led digital transformation in the Middle East
AI is expected to contribute 14 percent of UAE’s 2030 GDP...
Emirates NBD’s Network stake sale to boost profits
The bank will sell an additional 10.5 percent stake in Network International...
UAE’s ADCB sells Indian portfolio to focus on home market
The portfolio which includes Dh355 mn in assets and Dh601 mn in liabilities will be acquired by DCB Bank...
Dewa investing Dh86 bn to meet Dubai clean energy target
Investment to spread over the next five years and is part of the move to generate more than 75% of power from clean sources...
Egypt’s Fawry targets UAE, Saudi Arabia, and Kuwait for expansion
Fawry is also considering a deal with a UAE bank to use its technology platform in the UAE and other gulf countries...
UBF: UAE banks well-capitalised, highly liquid, and stable
By December end, total banking assets reached $780 billion which bolstered the UAE banking sector’s position as the largest in the Gulf region...
Emaar Properties to issue Islamic bonds; hires Standard Chartered
The bond issuance is a part of the company’s $2 bn debt raising programme...
Mena fund managers increase investments in UAE, Egypt
Funds to reduce allocation to Saudi Arabia while keeping the earlier exposure to other Mena countries...
Investment agency CEO expects FDI in Dubai to exceed $10.4 bn
Dubai recorded a 54 percent growth in FDI in the first quarter of 2019...